The Hospltal of St Anne of Appleby Reglthatlon number 224867 Annual Report and Flnanclal Statements Year Ended: 31 December 2024
The Hospltal of St Anne of Appleby Contents Reference and Administrolive Detoils Tru51ees' report Truslees, responsibilities Independent examiner5 report Stotemenl ol finoncial octivities Balance sheet Notes lo the financial statements
The H05pltal of Sl Anne ol Appleby Reference and Admlnlstrotlve Delalls Chawlty n< Ihe Hospital of St Anne. ol Appleby Charlty Nunthr. 224867 rrtnclpol thlle• The H05Pltal ol Sl Anne of Appleby Boroughgole APPLEBY IN WE5TMORLAND Cumbrfo CA16 7HW •glitered ollke The Hospital ol St Anne ol AppbY Borough9ate APPLEBY IN WESTMORLAND Cumbria CA16 7HW Appointed Resigned 0310712025 Secretory J Dunhom, Treasurer J Aytes. Cletk to Trustees C Chapmon, Treasurer 0310712025 Olh•r Twstees: Mr C BlackettQrd Rev. R Collinson Mr A Connell Mr J D Crosby Mr W R Eornshaw Mi55 J Gray trs S Horden Mr G Heelis (Chairman) rKSmth Mr W Thwoytes Mr R Worburton B Wright The Hopital o15t Anne Trustee Lld 0111012024 The ITU5tees resigning 0111012024 were all appOted direct(X5 of the corporate truslee ol the some dale. the following were later oppointed directots ol the cory)orote trustee. Rev. S Tudwoy 3110112025 Mr M D Raillon 3110112025 0111012024 0111012024 0111012024 1810112024 2010312024 0111012024 011101?024 011101?024 0111012024 0111012024 2010312024 0111012024 2710712024 B¢nk•n'. HSBC Markel Square PENRITH Cumbrio CAI 1 75N Accountants Dodd & Co knmited FIFfEEN Rosehill Montgomeryway Rosghill E51ate Carli51e Cumbrio CAI 2RW Page I
The Hospital of Sl Anne ol Appleby Trvslee$' Report lor the Year Ended 31 December 2024 The finohciol 5totements hove been ppared in accordance wth the occounting policies set out in the noles to the occounls and comply with the charity's governing document. the Chorilie5 Act 2011 and Accounting and Reporting by Choiitieg.. Statement of Recommended Proctice applicab to chorilies preparing their accounts in accordance wth the Financiol Reporling Slondard opplicable in Ihe UK and Republic of Ireland. Followng the appointment of Ihe corporole Iruslee and the resignation of the individual tru5tees.'the trustees, refers to the director5 01 the corporale trustee, a5 identified on poge one. for the remainder of this report The Chority changed ils name from The Hospital of Sl Ann8 lo The Hospilol of St Anne of Appleby. in line with The Corporation ol the some nome which holds the land on trusl lor the charity. Obl•thes Ihe principal objective of the Chority in the year under review w05 the upkeep ol olmshouses ot Boroughgote, Appleby in Westmoreland lor the benefit of the olmspeoplo. and 15 regulaled by its chority commi55ion scheme dated 21 December 1965. as amended on the 1st October 2024 and 19th May 2025. The Extculfvè The executive during the year under review were'.- G Heelis (Chairman) J S Dunham ITrea5urerl J Ayre5 (Clerkl RevEew ol Development and Acfvllles of the Chartly During the yeor. tIU5tees hove been working with a fimi ol architect5 and o project manager to develop a scheme to refurt)ish oll the properties. and to secure the necessary gronts ond loon5 to finance this project. Followng a tendering proces5 overseen by Ihe orchitects and qvantity surveyors. a controct W05 aworded to Pinninotons Ltd in December 2024 with work dve to commence on Me 6 January 2025. It is expected thot the lolal cost ol the project will be £1.8million wrth £1.04 million coming from o Home5 England Grant. £500k coming Irorn loans and the bolonce from the Trusls reserves. Over the course ol the yeor, investments held by Ihe Trustees mode an unreolised gain ol £5591 The Trustees hove poid due regurd to the charity commission guidance on public benefit. ond continued lo ensure almshovse5 belonging to the charity provide fit and comfortable residence for alrnspeople in occordance with the scheme and thal the chapel ol the chority shall be maintoin8d and used lor the purpose of religious worship. Page 2
The Hospltal of St Anne of Appleby Tru5tees' Report for Ihe Year Ended 31 December 2024 Pbns tor Fvlure Over the next 12 month5. the Iwstees onthcipole to continue mointaining and improving the almshou595 for the benerrt of the almspeople through the refurbhMenI ol the 5ite.11 also expected that rewiring works will be undertaken at Holme Fom to bring the farm to a modem stand(Td. Appolnlrnent of TruJteeJ Ihere ore 12 Trustee5 overseeing the work of the charrfy. Vacancie5 are filled by indNiduals showing o commitment and interest in achieving the aims and objeclives ol the charity. and ore elected by majority ballot. Al o speciol meeting of the Trustees on the 1st October 2024 it was resolve that a 501e corporate trustee should be oppoinled as a Iwstee in ploce of all current trustees. The Hospital ol Sl Anne Trustee Limited l o ¢horit¢ble Company with company nLJmber 159793291 w05 incoOrated lor Ihi4 purpose. Rhk Asselsment The Trustees reviewed the major risks that the charity laces on o regulor bases. The Charity hos systems in place to control and mithgote any 5vch risks. Re5•Jves. The Trustees aim lo ensure that sufficlent levels of wserves are maintoined lor the continuation ol the charitable objectives. Al year end there wa5 £38079 01 free re5erve5. K•y man¢Jg•m•nt personnel remvnwoTr)n. All trustees give their lime freely and no truslee remLJnerotion wos poid in the year. Detaits ol tDJslee expenses and reloted party tron5actions are disclosed in note 2 to th8 eccounl5. Independent Examlner The independent examiner, Dodd & Co. will be proposed forre-appoinlmenl. On behalt of the Trustee5'. Guy Heelis on behalf ol Ihe Hospilal of St Anne Tru5te8 Limited Page 3
The Hospltal of Sl Anne of Appleby Trustees. Responslbllltles In relatlon lo the Flnanclal Statements The trustees are responsible for preporSng the IsteeS. Report and the finonciol stotemenlg in occordance wilh applicable low and United Kingdom Accounting Standords (United Kingdom Geneialty Accepted Accounting Practice). Ihe Icpw applicoble to charities in England and wal requi$ the hJslees to prepare financial statements tor eoch financiol year which gNo5 Q trve ond loir view ol the slate ol alloirs ol the chority ond eoch ol the incoming resources ond applicalion of resources ol the chority lor thot period. In prepollng these financiol stolements. the trustees ore reqvired to.. select Svltable finonciol policies ond Ihen opply Ihem COnslent1Y.' - obseNe the method5 and principals in the Chorthes SORP make judgements and 8Stimales that ole ieasonable ond pnJdent., - slote whether applicoble accounling gtondords have been followed. subject to any materiol deporhjres disc105ed and explained in the finonciol 5totement5.' and prepared the finoncial stotements on Ihe going concern basis unle$5 il 15 inappropriote to presvme that the charity will continue in business The trustees ore responsible lor keeping proper occounting records that disclose with reosonable occurocy ot any time the finonciol position of the charity and enoble them lo ensure thol the finoncial 5totements comply with the Chorilies Acl 2011. the applicob Charities (Accounts ond Reports) Regulotions. and the provision5 of Ihe trust deed. They are responsib5e lor safeguarding the asset5 of the charity ond hence for toking reasonable 51ep5 for the prevenh.on and detection fraud ond other irregularitie5. Page 4
Independent Exomlner's report to the Trustees ol The Hospltal ot st Anne of Appleby I report on the account5 01 the charity for the year ended 31 December 2024, wlych are set out op, pages 6 to 8. Your ottentTon Is to drown to the foct that the Charity hos prepared the financiol stotements in accordance with Accounting and Reporling by Chorities preparing their account5 in accordonce wth the Finonciol Reporting Stondard applicable in the UK and Republic of Irelond IFRS 1021 in preference lo the Accounting ond Reporting by Chorities.. Stotement of Recorrimended Practice 155ued on l April 2005 which is releed to in the extont regulations but hos since been wthdrown. We understand thal th has been done in order for Ihe occounts to provide a twe and lair vi8w in occordonce with the Generally Accepted Accounting Practice eff8cliYa lor reportlng period5 beglnning on after l January 9. Respecfve re$pon4blllllei olfrukn and exomlngr The ChariV5 1rustees ore responslble for the preparation ol the accounts. The trustees ¢)sIder that on audit i4 not required for th year vnder 5QCtion 144121 tsl Ihe Charities Act 2011 as amended by the Charilies Act 2022 Ilhe Acll and that an independent examination is needed. 11 is my responsibility lo= exomine the occounts vnder section 145 01 the Acl.. follow thè procedures loid down In the Generol Directions given by the Chartly Cr)mmlssion under section 145151 Ibl of the Act,. and slate whether parlicubr matters have come lo my attention. Ba¥15 01 Ind•p•nd•Tht •xamln•rf5 l•Wt My examination was corned out in accordance with the General Directions given by the Chority Commission. An examinolion includes a review ol the occounting records kept by Ihe charity and a comparOn ol the accounts presented wilh those reccKds. It olso include5 considerah.on al any vnu5ual iterns or disc105ures in the accounts. and seeking explonalions from you 05 trustees concerning any such motter5. The procedures vndertoken do rK>t provlde all the evidence Ihot would be requlred in on audit and consequenmy no opinion is given 05 to whether the occounts present o 1rue ond foir view ond the report Is limited to those matters set out in the statement below. Ind•p•nd•nt•xomlr*s 5tiJhm•nt In connection w1h my exominati()n. no matter hos come to my attention.. 111 which giv05 me reo50noble cous¢ to befieve that in any material respect the reqvirements.. to keep occounh.ng records in occordance with section 130 of the Charities Act 2011 as to prepare occounts which accord with th8 accounllng records, complywith the have not been mel.. or 121 to which. in my opinion. ottention should be (kown in Order to enab a proper urKkrstonding of the accounts tro be Teoched. FIFfEEN Rosehlll Montgomery Way R05ehill Estate CARLISLE CAI 2RW Joanne Thomlinson FCA Dodcl & Co Limited Chortered 0018...3..0./.lQ1.2.Q2.5 Page 5
The Hospltal of St Anne of Appleby statement of Flnonclal Actlvllles for the Year Ended 31 December 2024 Note UNeslwlcted Funds Restricted Total Funds Total Funds Funds 3TI1212024 3111212023 Income Donotions 772 2.939 3.717 6.454 Income trom choritable activitie5 Investment income lotal Income 6.760 19,959; 27.491, 6.760 6,760. 21.438 1939 30.430 IExpendllur* Ic05t5 of raiwng fijnds Expenditure on choritable 148.5271 148.527 2.939 2,939 151,466 151,466 82.213 82,213 Tolol Expendllvre Net gains I Ilossesl on investments io 5.591 5.591 19.175 N•1 Incom• / (expendllure) and Inet movement In Ivnds -115.445. -115,445 .28.386 Transfer between funds Ntl movement In fvnds Reconciliotion ol funds-. Tolol funds brou .Aht foward Total Funds cgrrfed f¢)rw(Td 427,194 311,749 i60,OCN) 160.0( 587.194 471.749 615.580 The Note5 on page5 8 to 13 form on integrol port ol these linoncial slalemenls Page 6
The Hospllal ol Sl Anne ol Appleby Balance Sheet as at 31 December 2024 Note Unre5trthdl-Reslricted Total Funds Total Funds Fundsi Fund$ 3111212024 3111212023 Fixed Assets.. Tangib assets Investments Total Flxed Assets 183.C¥X) 90.670 273.67Q i 60.tno io 90.670 433.670 195.339 lCUent Asset5.' Co5h at bank and in hand Total Cwr•nt 1*15 39.379 39.379 51.005 ILiabilities.' .Creditors lollng due wthin one .yeor ,Nel Cwrent Assets 1.300 311,749, 1.300 471.749 2.1 587.194 160.OLW) The funds or the chcrri Restricted income funds Unrestricted income funds Total charlty fvnd$ 12 I00,L 311,7491 311.749,, 311,749 471.741 427.194 587.1941 Th8 financial statements have been prepored in accordance wlh FRS 102 Approved by the Board on 2711012025 and signed on its behalf by.. Guy Heelis Trustee The Notes on poges 8 to 13 form an integral part of these finonciol slalements Page 7
The Hospital ol Sl Anne of Appleby Notes to the Flnanclal Statements for the Year Ended 31 December 2024 l. Accounltrvj Pollcl Ba515 01 preparotlon Ihe accounts Ilinoncial slalementsl hove been prepared in occordance with the Slatement of Recommended Proctre.. Accounting and Reporting by Chorilies preparing their accounts in accordance with the Finonciol Reporling Stondord applicable in the UK and Republic of Irelond IFRS 1021 and he nancIal Reporting Stondord opplicoble in the United Kingdome and Republic of Iieland IFRS 1021 and the Chorilies Act 2011 ond UK Generolly Accepted Proctice as it applie5 from l January 2019. Ihe TnJ5t con5titvtes o public benefit enty as defined by FRS 102 The trustees con5idef thot there ore no moteriol vncertaintles about the Trust's obifity lo continue os a going concern Fund accovnllng polcy Unrestricted income funds ore generul funds thot ore oyoiloble lor use ol the trustees. discretion in furtherance ol Ihe objecliveg of the chority. Re51ricted funds are those donated lor use in a particular area or lor specific purposes. the use of which restricted to that orea or purpose. Further details ol each fund are disclosed in note 3. Income Donation5 ore recognised where there is enlimement. probubilify of receipt and the omount can be meosvred with sufficient reliabilify. Investment income 15 recognised on o iecewoble bos15. Incorne from charitable octivities includes income recognised as earned las the reloted goods or services are provided) under contract. Expendllvw• Liobililies ore recognised 05 soon a5 there is a legal 01 constructive obligation committing the charity to the expendilure. All expenditure is occounted for on on occruals b05is and has been cIcfS5ified under heading5 that oggregote oll cosls reloted to the category. Charitable expenditure comprise5 Ih05e costs incurred by Ihe chority in the delivery of its activi*eg and services lor its beneficiaries. It includes both costs thol can be ollocoted direcly lo such octivities ond those costs of on indirect nature necessary lo support them. Page 8
The Hospltal of Sl Anne of Appleby Notes lo the Flnanclal Statements for the Year Ended 31 December 2024 Svpp¢rt costs Support costs include central functions and have alkxated to. activity cost CategOrS on a basis ConStent wth the use ol resources. lor exomple. ollocothng property costs by fbororeas. or per capita, slaff costs by the time spent and other costs by their vsage. Flxed Assets Individual frKed assets c051ing £l(KJ or more are initially recorded al cost. These a55ets cre investment propethes os deNned by FRS T(Y2. Investment prtspetes have not been subject to a formal volualion. However, in the hJslees' opinion the caTring valje ol thes8 05sets in the accounts faY renects the lair value. Investments Investments ore valved ot eoch Balance Sheet dale al their martel value ol investments held by the Chaiilies Officiol Inveslment Fund are stoted al Ihe valu8 05 advised by that fund. Note 2 Reknled party Iransacllons and InMle• •xp•ns•s and r•mvn•raHon The tru%tee5 (directors of the corporate Irusteel oll give free ther time and experlise without any lorm of remuneration or other benefit In cash or kind12023.' £nill. Expenses lotolling £745 were paid lo trustee5 lor the reimbursement of costs incvrred12023.' £741. Page 9
The Hospital of St Anne of Appleby Notes to the Flnancial Statements for the Year Ended 31 December 2024 Not• 3 Anatysls of charflabie fvnds Angty51s or Fvnd movement 8alunc• b/lwd Income ExpendStvre Transleis Galns and losses clfwd Restricted Fund5 Unrestricted fund jTotol I60.(X)) 2.9391 2.939 160.OCX) 427.194 S87.194 27.491 30.430 148,527 151.466 5,591 5,591 311,749 471,749 Anatysls ol charttable funth . pie¥low year Anotysls 01 Fund movemeTrl balance bftwd IoMe Expendlluie Transfe Galns ond lossej Fund,. Reslricled Funds tjnrestncted i fund iotai 160.C(M) 39 3.089 455.580 615,580 31.563 34.652 79.124 82.213. 19.175 19,17S 427.194 Note 4 Donamon Income 2024 2023 .Collections Donotior .Totsl 250 3.461 3.711 254, 6.200 0,454 In 2023 of the donated income. £3365 w05 altribuled to unrestn'cled income. Nole S Income from churllable actlvlllej 2024 2023 Aaintenance contribulions ,T<)tol 6.760 6.760 6.760 6.7 In 2U23 01 the income from chor¢toble oclwities. £6760 was attiibuled to unreslricled income. Page 10
The Hospltal of Sl Anne of Appleby Noles lo Ihe Plnonclal Statements for the Year Ended 31 December 2024 Note 6 Inveslmenl Incom• COIF dividends Rental Incorne COIF interest on cosh dep051ts Bank inlerest on cash deposit5 Wayleaves Total 14.115. 1.847 42 14.115 1513 147 79.9591 21.438 In 2023 01 the Snvestment inetsme. £21438 was otlributed lo unrestrfcted Income. Note 7 Alocallon ol govemanc• ond 5UPPQrt CQSt5 Gov•rMnce costs: .Independenl exominers fees ,,cle and expenses lotol oifocoted 1.670 3CX) 1.970 3( Alocallon of go¥ernanc• and support costs.. 2024 2023 Upkeep ol the MShoU5e estate Totol olk)caled 1.970 1,970 1,7(X) The Irustee5 have decided lo meet oll govemonce costs from unre51ricted lund5 and 50 no allocation or charge is made to restricted funds lor any govemance related ctssls Nole 8 Antstys of chgthble expendllure The chority undertakes it5 choritable activities through the upkeèp of alm5hou5ÈS Ot Boroughgale. Appleby in Westmoreland for the benefit of the alm5peop. Chorltabte. Support and aclhflmes Governance Costs Total 2024 Tolal 2023 Upkeep of Ihe Almshouse estate Total 149.496 149,496 1.970,, 1.970 151.466 151.446 82213 Pogell
The Hospltal of Sl Anne ol Appleby Noles to the Flnanclal Stolernents lor the Year Ended 31 De¢ember 2024 Not• 9 Tanglble Flx•d A$5els Aknshousè NsNng Holm Fawm Rlghls Cosl og ot l Januory 2ry24 and 31 Decembei 2024 Nel Book Value As a131 December 2024 IAS at 31 December 2023 160.(M 28.(XM) 155.C 343.(KK) 28,(QO j 28,WO 155.000 IS5.0 343.OCO 343,0(A) 160.0 Nole 10 Flxed As$•l Inveslments Movement In tlxed ossel115ted inveslments 2024 2023 Morket value brought forward at 11112024 Add addilions to inveslments Disposals al corry value Add nel goin on revaluotions ilarkel vulue as al 3111212024 216.163 I 10,260 19.175 195.339 90,6701 All investments 0gset5 W8re held in Ihe UK wttrh CCLA CharitS Investment Fund Nel cosh releosed from investment5 in the year was £11026012023 £loCl All investments ore carried at their fair value. Holdings in common investmenl funds are at bid price. The bosis lor fair volue tor quoted inveslments is equivolent to the market volue. using the bid price. A55et soles and purchases ore recogni5ed ot the dole ol trode ot CQ51 Ilhot is their tronsaction value) Note I l Anutysls of currenl IgbNIM•s Credllors und•r 1 year 2024 20231 AccruoLq 1.300 Page 12
The H05pltal ol Sl Anne of Appleby Notes to the Flnanclal Statements for the Year Ended 31 December 2024 Note 12 Ntsta$ by Fund l Unrejtrlcted Fvndi Rwtrkted Total Funds lolal Funds Fund5 2024 2023 Tongible A$5ets Investments Current Assets Creditors.. Amount falling due within one yeor Net Sets 343.Cm, 343.DCt) 90.6?oT 195.339 39.379 si.(5 90.670 39,379 -1.3CQ 471,749 311.749 160.(#)O 587.194 Nel asset by Fund - Prevknvs Yeur Unrwlrlcted | Reslrkted I lolal Funds Total Funds Funds Funds 2023 2022 Tangible Assets ,,Investments Icurrent Assets Creditors.. Amount folling due within one I yeor Net As5els 183.( 195.339 51.Q)5, 160.( 343.IlX) 195.339 51.005 343.CQO 216.163 57.167 -2.150 427,194 -2.150 587.194 -750 615380 760.0(KI, Nol• 13 Non-odlvxtkng events During the year the charity received the following offe of funding lor refurbishment WO on the Almshouses.. Home5 England gronl Charity Bank loon Amshouse A550ciation gronl 1,040.OCQ 590.(KO The refurbishmenl works are anlicipat8d to cost £1,800,CX)O with the bolance funded from reserves. Legal and Professk>nol fee5 of £66,831 lor preparatory works Incluélng but not limited Io SLhveys. architecturol fees and drawngs are recognised a5'upkeep ol the Almshouse estate, in the stotemenl ol financial activity. Poge 13